Prepping for Change in the REO Space

September 9, 2024 Eric C. Peck

The Five Star Conference 2024 is right around the corner! Set for September 24-26 at the OMNI Hotel in Dallas, the list of scheduled speakers, educational offerings, and networking opportunities continues to grow, offering something for all in the mortgage finance marketplace.

At the FORCE Rally, attendees will be presented with relevant content, top-tier speakers, and exclusive insight so attendees can take their business to the next level amidst an unpredictable and tumultuous economic landscape.

Hosted by the Federation of REO Certified Experts (FORCE), Five Star Institute’s REO member organization comprised of pre-screened, certified, and experienced REO agents, the FORCE Rally is set for Tuesday, September 24 from 1:15 p.m.-5:00 p.m. FORCE is focused on the improvement of REO agent performance through lender and servicer driven education, the FORCE acts as a conduit of communication between the REO agent/broker community and the servicing shops they serve. The FORCE Rally will discuss how despite easing inflation and interest rates, the uncertainties looming during this election year may leave questions about where the market is headed in the months and years ahead. All in the industry need to know exactly what to expect and how to prepare for a shifting landscape.

Navigating a New Space

Welcoming attendees to the FORCE Rally will be Gina Gallutia, Executive Director of Memberships for the Five Star Institute and Tony Maher, EVP-Business Development for Cyprexx Services who will provide an outline of the day’s upcoming agenda.

Highlighted sessions to be presented include:

  • Insights on HUD Assets and Opportunities: With a large portfolio of assets, HUD is a critical driving force for the REO market. During this panel, HUD asset managers and vendors will share insights and perspectives about a vital source of business in the upcoming market cycle. Participants will include Grace Feguer, Government Contract Manager for Raine Company; Jim Hastings, President of Hastings Brokerage Ltd.; and Brynn Wheetley Amaya, Portfolio Manager for PEMCO Capital Management.
  • A Bird’s Eye-View With GSEs and Government Entities: Gain insight from top GSEs on what the future holds and what opportunities lie ahead for you. With GSEs representing a large segment of the market, agents looking to thrive in REO will gain value from this discussion between key housing market leaders. Panelists set to share their perspective during this session will include Tiffany Fletcher, SVP with VRM Mortgage Services; Brandon Lawler, Director, Real Estate Marketing & Sales with Fannie Mae; and Eric Will, REO Senior Director with Freddie Mac.
  • The Challenges and Opportunities of Commercial REO: Activity has been brewing in the commercial REO sector for too long. When should you expect the dam to break, and how can you leverage this opportunity? Every agent has the chance to carve out their niche in the REO market, and Commercial presents a new and challenging opportunity. Hear from an expert panel on what the future holds for both agents and the larger market. Invited speakers include Jeff Mueller, Team Lead–Specialty Clients and Alt Disposition with VRM Mortgage Services; Louis Chavez, CEO of LCC Invest Group; and Tamika Marks, Managing Broker for Trademarks & Associates LLC.

Unique Networking Opportunities

Another highlight of the 2024 FORCE Rally will be the opportunity to interact with some of the industry’s top minds in the REO and disposition space during the Table Talks. These smaller discussions will feature industry experts taking on various topics in an intimate setting where agents can participate and gain insight from peers.

Table Talk topics on the agenda for the FORCE Rally include:

  • Creative Financing to Close, led by Kimberly McClinton, Managing Broker with Signature Realty Services
  • Grunt Work Before the Listing, led by Tamika Marks, Managing Broker with Trademarks & Associates LLC
  • Repairs and Rehabs, led by Jim Hastings, President of Hastings Brokerage Ltd.
  • Your Value Proposition in Your Market, led by Sarah Richards, Broker with Spring Mountain Realty PLLC

Get to Know Your Peers

The Five Star Conference prides itself on fostering an inclusive and community-centric environment where professionals from across the mortgage sector can connect, innovate, and prosper. By attending the FORCE Rally, you’ll have the opportunity to network with thought leaders and peers, opening doors to new partnerships and collaborations.

Advance Your Career

Participation in the FORCE Rally at the Five Star Conference will enrich your knowledge base and enhance your professional profile. The insights gained from this event can be pivotal in driving your career forward, positioning you as a forward-thinking leader in the real estate sector.

Register Today

Don’t miss out on this exceptional opportunity to advance your expertise and network with industry pioneers. Secure your spot today by registering through the Five Star Conference Registration link.

For more details about the FORCE Rally, visit the Five Star Conference FORCE Rally link.

Join us at the Five Star Conference 2024, where visionaries meet opportunities and shape the mortgage industry’s future together.

The post Prepping for Change in the REO Space first appeared on The MortgagePoint.

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